Flat 1, 89 Watney Street, London, E1 2QE is a leasehold flat built between 1930-1949. The property offers approximately 581 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £287,323 , which equates to approximately £494 per square foot. It was last sold on 4 Oct 2024 for £305,000. Since then, the value has decreased by £17,677, representing a 5.8% decrease, or approximately 4.9% per year.

The current estimated value of £287,323 is:

  • 4.0% higher than the average property price on Watney Street
  • 9.4% higher than the average in the E1 2QE postcode area
  • and 67.2% lower than the average price for London as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 10 November 2021, the property was recorded as owner-occupied.

View sold house prices in E1 2QE

Building approximate location

About Property

Type
Flat
Built
1930-1949
Interior Size
581 sq ft
Tenure
Leasehold
Price (estimate)
£287,323
Price Per sq ft (estimate)
£494
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 1, 89 Watney Street, London, Tower Hamlets, Greater London, E1 2QE has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 10 Nov 2021.

This property uses electric room heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 1 Aug 2012. The rating of D is unchanged, though the energy efficiency score decreased by 16.7%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from electric immersion, standard tariff to electric immersion, off-peak, with its energy efficiency improving from very poor to poor.
  • The wall construction or insulation changed from solid brick, as built, insulated (assumed) to solid brick, as built, no insulation (assumed), changing energy efficiency from good to poor.
  • The lighting was updated from low energy lighting in 7% of fixed outlets to low energy lighting in 71% of fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
Solid brick, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 71% of fixed outlets
Very Good

Compared to E1 2QE

3 rd / 12
Price Rank
9% higher than average
4 th / 7
Size Rank
22% bigger than average
1 st / 7
Price Per Sq FT Rank
11% lower than average

Compared to other properties in E1 2QE , this flat's estimated value ranks 3rd out of 12. Based on price per square foot, it ranks 1st out of 7 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 4th out of 7 properties in its postcode area.

Sale History

Today
£287,323
streetscan.co.uk estimate
-6 %
4 Oct 2024
£305,000
Leasehold
+1.7 %
25 Aug 2021
£300,000
Leasehold
+20 %
20 Dec 2012
£250,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 570 sq ft
sale price: £330,000
sale date: 30 Aug 2022
rooms: 3
size: 624 sq ft
sale price: £327,500
sale date: 5 Aug 2022
rooms: 3
size: 614 sq ft
sale price: £330,000
sale date: 15 Jul 2022
rooms: 3
size: 635 sq ft
sale price: £380,000
sale date: 27 Oct 2023
rooms: 3
size: 603 sq ft
sale price: £450,000
sale date: 9 Dec 2016

Data Sources

The property at Flat 1, 89 Watney Street, London, E1 2QE appears three times in the Land Registry records, with the latest transaction recorded on 4 Oct 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 10 Nov 2021. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.